- GBP/JPY has made a low of 184.23 and slightly recovered from that level. overall trend is still weak as long as resistance 185.65 holds
- The pair recovered from low of 184.23 which was made yesterday till 184.90. the pair’s minor resistance is around 185.
- Any break above 186.65 will take the pair further up till 187.40/188.
- On the downside major support is around 184 and break below targets 182/180.55.
It is good to sell on rallies around 185-185.10 with SL around 185.65 for the TP of 184.20/182.
The material has been provided by InstaForex Company – www.instaforex.com